banner_ad

Section 264

This query is : Resolved 
Profile Image

Profile Image

(Querist)
17 February 2014 what all orders are not covered under section 263?
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
17 February 2014 Almost all types of the orders are covered under Section 263 which are passed by the AOs. The Revision of order is made U/s 263 by the CIT at his own discretion and belief. which are considered by him as erroneous and resulting in a loss to the revenue. Here the purpose is to control the leakage of the revenue.
.
Whereas U/s 264 the "other" orders are such orders, which are Revised either of his own motion or at the request of the assessee even if its revision may result into the loss to the revenue. Here the purpose is to collect tax in a manner which is just and lawful.
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details